PROVABLY

Provably Fair

Provably Fair is a model that ensures the outcome is entirely random and no-one can influence the results of a game. The principle is popular adopted by many of the most advanced and leading-edge online gaming sites and is seen as superior to the archaic methods of requiring players to simply trust that some human auditors have reviewed and tested the code at some stage!

8Bet's provably fair model is based on the Bitcoin blockchain, and the entire process of drawing results is open and transparent, with open-source code that can be seen independently, random, and impossible to influence by any party.

The 8Bet Lottery results are generated as follows:

1. At the start of the game (before any tickets are sold) a server seed is randomly generated by the server.  

2. This server seed is then hashed using SHA256 and the seed hash is then published on the game for all to see. Because this hash is public from the start of the game, the original random server seed can not be modified in any way. 

3. Players then buy tickets for the game until the time of the draw.

4. At the time of the draw, ticket buys are closed and the game waits for the next block to be mined on the Bitcoin blockchain. When this happens, the game takes the hash block from this next block.  

5. The server seed and the block hash are then joined together and this concatenated server seed + block hash is hashed using SHA256. This hash is then used as the RNG seed for the random number generator.  

6. The lottery results (6 lottery numbers) are then randomly generated by the well-known Mersenne Twister random number generator.  

Using this method, anyone can follow the process through, even using their own code to confirm that the results were indeed fair. And use of the Bitcoin blockchain as part of the RNG seeds that result in any way - a truly independent and fair result every time.

100% Return to Players

The question is how much is this?

Well, the short answer is - it is not . In a typical house-edged gambling operation, the margin or house edge is the profit taken by the house - a portion of every house statue (see more about the debilitating effect of the house edge in our post about why gambling today is flawed ).  

But 8Bet has no house - it operates as a global cooperative, where the players themselves perform or fund all of the functions for the operation of the platform. See more about how staking, marketing, engineering, support and infrastructure are powered by the cooperative player 8Bet . 

The returns on 8Bet games are fully transparent and a full breakdown is shown in the game pays section on each game.

 May profile:oleng12

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